Author Archives: Paul Ausick

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fracking

Oil Rig Count Rises by 3, Hedge Funds Punt Ahead of OPEC Meeting

In the week ended December 2, the number of rigs drilling for oil in the United States totaled 477, up by three from the prior week and down by 68 compared ...
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cannabis plants

Marijuana Price Dips to $1,442 a Pound

For the week ended Friday, December 2, the spot price index for a pound of cannabis decreased by 1.3% from $1,461 in the prior week to $1,442. According to the ...
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mortgage application

Boosting Your Credit Score in 5 Easy Steps

Even though mortgage rates have risen recently, they remain historically very low. A 30-year fixed rate mortgage in 1981 came with an interest rate of nearly 20%, more than four times ...
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Norwegian 737 MAX 8

US Approves Norwegian Air License, Puts a Smile on Boeing’s Face

After a delay of nearly three years, the U.S. Department of Transportation (DoT) on Friday approved a license for Norwegian Air Shuttle's Ireland-based unit to fly to and from the ...
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Stock Price

Coty, Fitbit Fall into Friday’s 52-Week Low Club

December 2, 2016: Here are four stocks trading with relatively heavy volume among 74 equities making new 52-week lows in Friday's session. On the NYSE, advancers led decliners by about ...
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Quotes

Goldman Sachs, Caterpillar Lead DJIA Down Friday

December 2, 2016: Markets opened mixed Friday as the blue chips that have been rising steadily showed some weakness. Among S&P's 11 sectors, real-estate posted the largest gain and financials ...
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streaming music

Can Pandora Find a Buyer This Time?

Last April activist investor Keith Meister sent a letter to Pandora Media Inc. (NYSE: P) on behalf of Corvex Management urging the company to seek an acquisition. Pandora paid no ...
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Snowstorm

Cold Weather Next Week a Boon for Retailers

A blast of cold weather is expected to begin marching across the country next week from the Golden Gate to Cape Cod, sending temperatures down by 10 to 20 degrees ...
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Winter neighborhood

5 Good Reasons to Shop for a Home in December

While many Americans spend the time between Thanksgiving and Christmas with visions of sugar plums dancing in their heads, there are others who focus on getting a good deal on ...
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Purchasing, Credit Card, Sales Tax Concept

Americans to Add $103 Billion to Personal Debt This Holiday Season

More than 245 million Americans are planning to spend a cumulative total of $181.2 billion during the 2016 holiday season. But nearly two-thirds (64%, or over 157 million people) are ...
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Cargolux 747-8F

October Air Cargo Volume Rises

Air cargo volume increased by 6.2% year over year in October, on top of a 5% increase posted in September, according to data reported Friday by WorldACD Market Data. While ...
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Saudi Arabia

What OPEC’s Production Cuts Really Mean

Crude oil prices have added about $5 a barrel since Wednesday's announcement from OPEC that the cartel had reached an agreement to slice about 1.2 million barrels a day from ...
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Boeing T-X peek

Boeing Readies Air Force Training Jet for First Flight

Boeing Co. (NYSE: BA) and its partner, Saab, are preparing their entry in the contest to build a new training jet for the U.S. Air Force for its first flight ...
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Cosmetics

ULTA Beats Estimates, Boosts Guidance

ULTA Salon, Cosmetics & Fragrance Inc. (NASDAQ: ULTA) reported third-quarter 2016 results after markets closed on Thursday. The beauty products maker and salon operator posted diluted earnings per share (EPS) ...
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Stock Price

Express Inc., Coke Drop into Thursday’s 52-Week Low Clubstock

December 1, 2016: Here are four stocks trading with relatively heavy volume among 87 equities making new 52-week lows in Thursday's session. On the NYSE, decliners led advancers by about ...
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